J & C Woods LLP

	Page
LLP Information	1
Accountant's Report	2
Balance Sheet	3—4
Notes to the Financial Statements	5—7

Page 1

Page 2

J & C Woods LLP

Accountant's Report

For The Year Ended 31 March 2025

Accountant's Report

Chartered Accountant's report to the partners on the preparation of the unaudited statutory accounts of J & C Woods LLP for the year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, I have prepared for your approval the accounts of J & C Woods LLP for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records and from information and explanations you have given to us.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the partners of J & C Woods LLP, as a body, in accordance with the terms of our engagement letter dated 04 July 2025. Our work has been undertaken solely to prepare for your approval the accounts of J & C Woods LLP and state those matters that we have agreed to state to the partners of J & C Woods LLP, as a body, in this report in accordance with AAF 2/10 as detailed at ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than J & C Woods LLP and its partners, as a body, for our work or for this report.

It is your duty to ensure that J & C Woods LLP has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of J & C Woods LLP. You consider that J & C Woods LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of J & C Woods LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

17/12/2025

Bishops Chartered Accountants

ICAEW

Phoenix Park

Blakewater Road

Blackburn

Lancashire

BB1 5BG

Page 2

Page 3

J & C Woods LLP

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: OC375313

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		46,188		54,632

			46,188		54,632
CURRENT ASSETS
Stocks	5	12,000		12,530
Debtors	6	4,631		3,426
Cash at bank and in hand		1,450		6,328

		18,081		22,284
Creditors: Amounts Falling Due Within One Year	7	(56,177 )		(36,843 )

NET CURRENT ASSETS (LIABILITIES)			(38,096 )		(14,559 )

TOTAL ASSETS LESS CURRENT LIABILITIES			8,092		40,073

Creditors: Amounts Falling Due After More Than One Year	8		(16,581 )		(23,266 )

NET (LIABILITIES)/ASSETS ATTRIBUTABLE TO MEMBERS			(8,489 )		16,807

REPRESENTED BY:
Loans and other debts due to members
Other amounts		129,361		46,267

			129,361		46,267

Equity
Members' other interests
Members' capital		(137,850)		(29,460)

			(137,850)		(29,460)

			(8,489)		16,807

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			129,361		46,267
Members' other interests			(137,850)		(29,460)

			(8,489)		16,807

Page 3

Page 4

J & C Woods LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr J Woods

Designated Member

17/12/2025

The notes on pages 5 to 7 form part of these financial statements.

Page 4

Page 5

J & C Woods LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

J & C Woods LLP is a limited liability partnership, incorporated in England & Wales, registered number OC375313 . The Registered Office is Springfield Farm Knoll Lane, Little Hoole, Preston, Lancashire, PR4 4TB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance basis
Motor Vehicles	25% reducing balance basis
Fixtures & Fittings	25% reducing balance basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 3 (2024: 3)

Page 5

Page 6

J & C Woods LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	143,823	14,800	-	158,623
Additions	4,052	-	2,900	6,952

As at 31 March 2025	147,875	14,800	2,900	165,575

Depreciation
As at 1 April 2024	92,963	11,028	-	103,991
Provided during the period	13,728	943	725	15,396

As at 31 March 2025	106,691	11,971	725	119,387

Net Book Value
As at 31 March 2025	41,184	2,829	2,175	46,188

As at 1 April 2024	50,860	3,772	-	54,632

5. Stocks

	31 March 2025	31 March 2024
	£	£
Stock	12,000	12,530

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Other debtors	4,631	3,426

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,861	11,855
Trade creditors	41,224	17,696
Other creditors	3,635	6,542
Taxation and social security	1,457	750

	56,177	36,843

8. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	16,581	23,266

Page 6

Page 7

J & C Woods LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Obligations Under Finance Leases and Hire Purchase

	31 March 2025	31 March 2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	9,861	11,855
Later than one year and not later than five years	16,581	23,266

	26,442	35,121

	26,442	35,121

Page 7

Designated Members	Ms C Woods
	Mr J Woods

LLP Registration Number	OC375313

Registered Office	Springfield Farm Knoll Lane
	Little Hoole
	Preston
	Lancashire
	PR4 4TB

Accountants	Bishops Chartered Accountants
	ICAEW
	Phoenix Park
	Blakewater Road
	Blackburn
	Lancashire
	BB1 5BG